@Hal_Al @revenuecode
Was there ever a solid answer as to where in the IRS code one can find that what it says about if scholarship money has to be withdrawn in the year it was awarded? I just found out about the scholarship exemption, my son is a Junior. I would like to take extra money out of his 529 plan without the penalty so we can invest it for him. It would be nice to go back and pull the money he received in 2017 and 2018 as well! but if there are penalties involved I'll just pull 2019.
thanks for your help!
